People: SPS Commerce Inc (SPSC.O)
SPSC.O on Nasdaq
50.86USD
17 May 2013
50.86USD
17 May 2013
Price Change (% chg)
$1.61 (+3.27%)
$1.61 (+3.27%)
Prev Close
$49.25
$49.25
Open
$49.60
$49.60
Day's High
$51.11
$51.11
Day's Low
$48.64
$48.64
Volume
74,649
74,649
Avg. Vol
68,563
68,563
52-wk High
$51.11
$51.11
52-wk Low
$26.26
$26.26
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Martin Leestma |
54 | 2011 | Independent Chairman of the Board |
Archie Black |
50 | 2001 | President, Chief Executive Officer, Director |
Kimberly Nelson |
45 | 2007 | Chief Financial Officer, Executive Vice President |
James Frome |
48 | 2012 | Chief Operating Officer, Executive Vice President |
Bradley Cleveland |
53 | 2012 | Director |
Michael Gorman |
47 | 1998 | Independent Director |
Philip Soran |
56 | 2010 | Independent Director |
George Spencer |
49 | 2000 | Independent Director |
Sven Wehrwein |
62 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
Martin Leestma |
Mr. Martin J. Leestma is an Independent Chairman of the Board of SPS Commerce Inc. He is Director since March 2006 and Chairman since March 2011. Mr. Leestma is Chief Executive Officer and Chairman of the board of directors for Forthright Solutions, a solution provider for regulatory and legal compliance programs, and he has served as Chief Executive Officer since November 2011 and Chairman since 2008. Prior to Forthright, Mr. Leestma served as the President, Chief Executive Officer, and a member of the board of directors for Retek Information Systems, a software company, from 2003 to 2005, during which time Retek was a publicly traded company. Prior to joining Retek, he was Global Managing Partner of Retail Technology at Accenture from 1996 to 1999 and Managing Partner of North American Consumer Goods & Services from 1999 to 2002. He became Global Industry Managing Partner — Retail & CG&S industries in 2002 and served in this role until his departure in 2003. From 2005 to 2008, he served as an independent business consultant. |
Archie Black |
Mr. Archie C. Black is President, Chief Executive Officer, Director of SPS Commerce Inc., since 2001. Mr. Black joined the company in 1998 as Senior Vice President and Chief Financial Officer and served in those capacities until becoming President and Chief Executive Officer. Prior to joining the company , Mr. Black was a Senior Vice President and Chief Financial Officer at Investment Advisors, Inc. in Minneapolis, Minnesota. Prior to Investment Advisors, he spent three years at Price Waterhouse. |
Kimberly Nelson |
Ms. Kimberly K. Nelson is Chief Financial Officer, Executive Vice President of SPS Commerce Inc., since November 2007. Prior to joining the Company, Ms. Nelson served as the Finance Director, Investor Relations for Amazon.com from June 2005 through November 2007. From April 2003 until June 2005, she served as the Finance Director, Worldwide Application for Amazon.com’s Technology group. Ms. Nelson also served as Amazon.com’s Finance Director, Financial Planning and Analysis from December 2000 until April 2003. |
James Frome |
Mr. James J. Frome is Chief Operating Officer, Executive Vice President of SPS Commerce Inc. Mr. Frome served as the Executive Vice President and Chief Strategy Officer since March 2001, and served as the Vice President of Marketing from July 2000 to March 2001. Prior to joining the company, he served as a Divisional Vice President of Marketing at Sterling Software, Inc. from 1999 to 2000. Prior to joining Sterling Software, he served as a Senior Product Manager and Director of Product Management at Information Advantage, Inc. from 1993 to 1999. |
Bradley Cleveland |
Mr. Bradley A. Cleveland has been Director of SPS Commerce Inc., since November 2012. Mr. Cleveland has served as President and Chief Executive Officer of Proto Labs, Inc., a manufacturer of custom parts, since November 2001. Prior to November 2001, Mr. Cleveland co-founded and was Vice President of AeroMet Corporation, a laser additive manufacturing subsidiary of MTS Systems Corporation. |
Michael Gorman |
Mr. Michael B. Gorman is an Independent Director of SPS Commerce Inc., since March 1998. Mr. Gorman is a Managing Director of Split Rock Partners, a venture capital firm which he co-founded in June 2004. From 1995 until June 2004, Mr. Gorman was a General Partner at St. Paul Venture Capital, a venture capital firm, where he focused on early-stage investing in software and internet services companies. Mr. Gorman’s prior work experience includes serving as a management consultant with Bain & Company, where he assisted clients in the development and execution of corporate strategies |
Philip Soran |
Mr. Philip E. Soran is an Independent Director of SPS Commerce, Inc., since July 2010. Mr. Soran served as President, Chief Executive Officer, and a director of Compellent Technologies, Inc., a publicly traded company which he co-founded in March 2002, until its acquisition by Dell Inc. in February 2011, after which he served as the President of Dell Compellent from February 2011 to March 2012. Mr. Soran also serves on the board of directors for Hutchinson Technology, Inc., a technology manufacturer, and Piper Jaffray Companies, an investment bank and asset management firm, both of which are publicly traded companies. From July 1995 to August 2001, Mr. Soran served as President, Chief Executive Officer, and a member of the board of directors of Xiotech, which Mr. Soran co-founded in July 1995. Xiotech was acquired by Seagate in January 2000. From October 1993 to April 1995, Mr. Soran served as Executive Vice President of Prodea Software Corporation, a data warehousing software company. Mr. Soran also held a variety of management, sales, marketing, and technical positions with IBM. Mr. Soran also served on the board of directors of Stellent, Inc. from April 2003 until its acquisition by Oracle Corporation in December 2006. |
George Spencer |
Mr. George H. Spencer, III, is an Independent Director of SPS Commerce Inc., since February 2000. Mr. Spencer is a Senior Managing Director at Seyen Capital, which he co-founded in October 2006, and a Senior Consultant to Adams Street Partners, LLC, which he co-founded and where he served as a Partner from 1999 to October 2006. |
Sven Wehrwein |
Mr. Sven A. Wehrwein is an Independent Director of SPS Commerce Inc., since July 2008. Mr. Wehrwein has been an independent financial consultant to emerging companies since 1999. He has more than 35 years of experience as an investment banker, chief financial officer, and certified public accountant (inactive). He currently serves on the board of directors of Proto Labs, Inc., a manufacturer of custom parts, and Uroplasty, Inc., a medical device company, and previously served on the board of directors of Image Sensing Systems, Inc., a vehicle-detection software company, all of which are publicly traded companies. Mr. Wehrwein also served on the board of directors of Compellent Technologies, Inc. from April 2007 until its acquisition by Dell Inc. in February 2011, on the board of Vital Images, Inc. from May 1997 until its acquisition by Toshiba Medical in June 2011, and on the board of Synovis Life Technologies, Inc. until its acquisition by Baxter International, Inc. in February 2012. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Martin Leestma |
-- |
Archie Black |
1,282,880 |
Kimberly Nelson |
728,313 |
James Frome |
805,193 |
Bradley Cleveland |
-- |
Michael Gorman |
-- |
Philip Soran |
-- |
George Spencer |
-- |
Sven Wehrwein |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Martin Leestma |
0 | 0 |
Archie Black |
72,300 | 2,010,000 |
Kimberly Nelson |
50,000 | 908,484 |
James Frome |
119,949 | 3,730,990 |
Bradley Cleveland |
0 | 0 |
Michael Gorman |
0 | 0 |
Philip Soran |
0 | 0 |
George Spencer |
0 | 0 |
Sven Wehrwein |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
FROME JAMES J |
822 | $48.22 |
FROME JAMES J |
822 | $0.37 |
LEESTMA MARTIN J |
14,824 | $46.21 |
LEESTMA MARTIN J |
14,824 | $0.37 |
LEESTMA MARTIN J |
5,201 | $0.37 |
LEESTMA MARTIN J |
5,201 | $46.32 |
WEHRWEIN SVEN A |
1,496 | $3.03 |
WEHRWEIN SVEN A |
1,496 | $47.00 |
WEHRWEIN SVEN A |
504 | $47.00 |
WEHRWEIN SVEN A |
504 | $3.03 |
FROME JAMES J |
11,715 | $0.37 |
FROME JAMES J |
9,424 | $47.32 |
FROME JAMES J |
2,291 | $48.00 |
BLACK ARCHIE C |
10,000 | $43.90 |
BLACK ARCHIE C |
10,000 | $0.37 |
BLACK ARCHIE C |
10,000 | $0.37 |
BLACK ARCHIE C |
10,000 | $41.90 |
BLACK ARCHIE C |
245 | $39.93 |
BLACK ARCHIE C |
245 | $0.37 |
BLACK ARCHIE C |
9,572 | $39.96 |
BLACK ARCHIE C |
9,572 | $0.37 |
NELSON KIMBERLY K |
10,000 | $39.97 |
NELSON KIMBERLY K |
10,000 | $3.03 |
BLACK ARCHIE C |
183 | $39.90 |
BLACK ARCHIE C |
183 | $0.37 |

